Confidence OK: Good time to spend?

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Consumer confidence Consumer confidence: The ANZ/Roy Morgan consumer confidence rating fell by 2.2 per cent to 113.2 in the week to May 29. But the reading on whether it was... Read more continue reading

Biggest rise in economy-wide sales in 6 years

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Business Indicators; New home sales Sales up: Economy-wide sales rose by 1.5 per cent in the March quarter – the biggest increase in six years (since December quarter 2009). Sales... Read more continue reading

Weekly market update – week ending 27 May, 2016

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Investment markets and key developments over the past week Most share markets had a good week helped by improved confidence regarding US growth, increasing signs that the global oil market... Read more continue reading

Industry winners: Internet, agriculture lead the gains

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Australian Industry 2014/15 Industry data: The ABS has released performance data for Australian industry sectors in the last financial year. Leading the gains in income growth in 2014/15 was “Commission-based... Read more continue reading

Weekly market update – week ending May 20, 2016

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Investment markets and key developments over the past week Share markets were constrained over the past week by renewed talk of Fed tightening with US, European and Chinese shares falling.... Read more continue reading

RBA rate cuts, inflation targets, deflation and are central banks out of ammo?

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Key points The RBA eased this month because actual inflation has fallen below target and is likely to stay there for a while. Cutting inflation targets would be foolish and make... Read more continue reading

Wage growth remains low; still outpaces prices

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Wage price index Wage growth at record low: The wage price index rose by 0.4 per cent in the March quarter after a 0.5 per cent rise in the December... Read more continue reading

The art of persuasion; Confidence up

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Reserve Bank Board minutes; Consumer confidence; Car sales Reserve Bank Board had to be persuaded: “Members discussed the merits of adjusting policy at this meeting or awaiting further information before... Read more continue reading

Petrol price updrift; Air passenger numbers lift

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Weekly petrol prices; Air traffic data Retail petrol: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol rose by 3.9 cents per litre to... Read more continue reading

Weekly market update – week ending 13 May, 2016

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Investment markets and key developments over the past week Despite ongoing global growth fears and mixed earnings news, share markets in the US, Japan and Australia gained over the last... Read more continue reading